The market size volume per capita for household refrigerators in the UK has varied over the past decade as follows: 2012 (0.028), 2013 (0.027), 2014 (0.027), 2015 (0.028), 2016 (0.028), 2017 (0.03), 2018 (0.032), 2019 (0.032), 2020 (0.03), 2021 (0.034), 2022 (0.033). The year-on-year variations for the past two years are +6.67% (2021) and -2.94% (2022). The CAAGR (Compounded Annual Average Growth Rate) over the last five years (2018-2022) is approximately 0.62%.
Projection into the future suggests a stable to slightly growing market, considering potential technological advancements and evolving consumer preferences. Close monitoring of smart appliance integration and energy efficiency trends will be critical.
